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Trump's Latest Attack on Fed Focuses on Surging Debt Costs
Mint New Delhi
|June 18, 2025
Trump Argued That 2 Percentage Points of Fed Rate Cuts Could Save $600 Billion a Year in Interest Costs
Donald Trump is putting a new spin on his months-long call for the Federal Reserve to lower interest rates: It's important for bringing down the cost of government debt.
Soon after returning to the White House for his second term, the president began pressuring Chair Jerome Powell to aid the economy as it transitioned to higher tariff levels. Now, Trump says that rate cuts are needed to address what's become one of the biggest causes of a supersized federal budget deficit.
Denne historien er fra June 18, 2025-utgaven av Mint New Delhi.
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